24) The management of Techlow Inc. has used the net present value investment appraisal technique to determine the viability of a proposed investment. They came up with the following figures: yr yrl yr2 yr3 yr4 - 102000 34000 32000 31000 30000 Present value $1022 26640 23547 20791 NPV = 0 Explain the meaning of the NPV for the above investment The management of Techlow Inc. has used the net present value investment appraisal technique to determine the viability of a proposed investment at 10% rate of return. They came up with the following figures: yro yrl yr2 yr3 yr4 32000 31000 B0000 -103000 30909 26446 23291 20490 NPV = -1863 34000 Use the rate of return and NPV above to explain the likely percentage of the internal rate of return for this investment. ****This is the end of the examination paper